New World

Hyundai Heavy Industries reported that it set in December a new world record in the monthly output of large ship engines, according to a report on http://joongangdaily.joins.com.
Hyundai Heavy produced 17 large ship engines capable of generating a total of 890,000 hp last month, above its previous record of 760,000 horsepower in June, the company said.
(Source: http://joongangdaily.joins.com)

Austal has delivered its latest high speed passenger catamarans to a market that did much to establish the Australian shipbuilder as a world leader in the design and construction of high speed ferries.
Hong Kong based New World First Ferry Services (Macau) Limited accepted delivery of two 47.5 metre passenger catamarans at the beginning of September, taking the total number of Austal-built vessels in its fleet to seven.

Chinese sailor Guo Chuan will attempt to set a new world record by circumnavigating the globe single-handed - with support from Inmarsat
Guo's 40-ft yacht will be equipped with a FleetBroadband terminal provided by Inmarsat which will help him send back video and pictures and assist him in plotting a safe course as he attempts to cover 21,600 nautical miles in 130 days.
For his latest challenge, Guo, the first Chinese to cross the Atlantic single-handed, in a 21ft (6

The Grand Alliance, comprised of OOCL, NYK Hapag-Lloyd, and the New World Alliance, comprised of APL, MOL and Hyundai Merchant Marine announced the addition of the Asia-East Coast service (also known as the EC3 service), a new express, all-water service between Asia and Savannah via the Panama Canal.
The Asia-East Coast will be a weekly service and make its first call on Savannah in September. Port rotation is Shanghai, Chiwan, Shekou, Hong Kong, Manzanillo, Savannah

The member lines of the Grand Alliance (GA) in the Transpacific trade - Hapag-Lloyd, Nippon Yusen Kaisha (NYK), and Orient Overseas Container Line (OOCL), and The New World Alliance (TNWA) - APL, Hyundai Merchant Marine (HMM), and Mitsui O.S.K. Lines, Ltd (MOL) - recently announced that from August 2006 they will commence an Asia-U.S. East Coast service via the Panama Canal. Each alliance will contribute ships with capacity of approximately 3

BP is to axe middle managers and could freeze projects as it grapples with the plummeting oil price, The Sunday Times reported, citing finance director Brian Gilvary.
"What you'll see with this simplification plan is that headcounts are starting to come down across all of our activities in upstream, downstream and in the corporate centres -- essentially the layers above operations," the newspaper quotes Gilvary as saying.

Noble Drilling said its fourth successful EVA-4000 semisubmersible conversion, Noble Amos Runner, began drilling in the Gulf of Mexicofor its contractors - Kerr-McGee Corp., Marathon Oil and Murphy Exploration and Production Co.
The semi, capable of drilling in water depths of 6,600 ft., underwent mooring sea trials before it began its five-year drilling project in the Gulf.
Noble Drilling, also announced its second conversion, Noble Paul Wolff, drilled a well for Petroleo Brasiliero S.A

The speed sailing boat smashes the current record in Walvis Bay, off the coast of Namibia.
The new world record of 59.23 knots (109kph) set the best average time over 500m and broke the previous mark of 55.65 knots with a peak speed of 63 knots (119kph).
Two days later the team improved this speed with a 59.38 knot run which peaked at exactly 120kph (64.78 knots). During the same run the team also smashed the nautical mile world record* with an average of over 55 knots

Twenty years ago headlines around the world announced a new world record, the fastest crossing of the Atlantic Ocean, by an Incat Tasmania-built ship. June 23 marks twenty continuous years that Incat-built fast ships have held the record for the fastest Transatlantic Crossing.
On June 23, 1990 Hoverspeed Great Britain, a ship built by Incat in Tasmania, for operation between England and France by Sea Containers Ltd

Mexico's Oceanografia S.A. de C.V. signs multi-million dollar contract with Kongsberg Maritime Simulation’s Mystic, CT, USA office for supply of maritme simulators.
The contract is for the supply of a suite of offshore anchor handling, Dynamic Positioning, engine room and crane simulation systems, underpinning the main infrastructure for a new world-class offshore simulation training centre to be situated at Mexico’s primary offshore supply hub for the Gulf of Mexico

18,612 TEUs is the new world record for container loading, and was won by Maersk Line's Triple E Class vessel, Maersk Mc-Kinney Moller, first in the series of behemoths Danish company, which sailed early in the week from the port of Algeciras, Spain with this huge cargo

McQuilling Services Industry Note on 'Rebalancing Trade Flows: The New World Order' :
Many types of crude oil are produced around the world. Depending on the requirements of a particular refinery, a blend of heavy and light crudes is processed to manufacture a variety of petroleum products

The shipping industry is fully committed to total compliance with the 0.1% sulphur in fuel requirements, in Emission Control Areas, from January 2015. And there is no reason to suggest that there will not be full compliance, says the industry’s global trade association

Halliburton Company and Baker Hughes Incorporated today announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. The transaction is valued at $78

Filipino marine professionals employed to meet demand for service from the shipping industry
Weathernews Inc. announced it has established a new operations center in the Philippines in response to the shipping industry’s demand for the company’s risk communication services

Kelvin Hughes is launching and demonstrating a host of new products and services at SMM 2014, including a port security radar system, specialist mission radome radar and displays, Voyage Data Recorders and the latest version of ChartCo PassageManager software.

The International Chamber of Shipping (ICS) is encouraging the Paris Memorandum of Understanding on Port State Control to ensure that a harmonized approach to PSC inspections has been developed in advance of the January 1, 2015 deadline with respect to the implementation of the 0

Global marine terminal operator DP World today announced that its new Container Terminal 3 at its flagship Jebel Ali Port is making good progress with the arrival of 5 new quay cranes and half of its 19 automated cranes being tested before the start of initial operations in the next few

The International Chamber of Shipping (ICS) – the principal global trade association for shipowners representing over 80% of the world merchant fleet – met in Limassol, Cyprus last week for its Annual General Meeting (AGM). The meeting was hosted by the Cyprus Shipping Chamber in

G6 Shipping Alliance, Hamburg Sud and Hapag Lloyd, X-Press Feeders, Freightliner, DB Schenker, Maritime, Pentalver, & Prologis all announce new services at DP World London Gateway
New shipping services are being announced as the second berth at DP World London Gateway opens for business

Commissioner William P. Doyle of the U.S. Federal Maritime Commission has voted in favor of the amended G6 Alliance Agreement. Commissioner Doyle highlighted the U.S.-Flag international trade, U.S. mariner jobs and environmental benefits

Mitsui O.S.K. Lines, Ltd. (MOL) president Koichi Muto hosted an appreciation cocktail party for government leaders, customers, partners and MOL employees on March 5 at Park Royal Hotel, Yangon. It was well attended by 110 guests including Ichiro Maruyama, Minister-Counsellor/Deputy Chief of Mission

Shipbuilding, repair endorsed by government to diversify economy
The recent 2013-14 National Budget of Trinidad and Tobago firmly highlighted the government’s intention to endorse Shipbuilding and Repair as a means of diversifying our traditional oil and gas economy.

The Los Angeles City Council unanimously approved a 50-year lease to transform a 100-year-old pier on the L.A. Waterfront in San Pedro into a world-class urban marine research and innovation center called AltaSea at the Port of Los Angeles

Mitsui O.S.K. Lines, Ltd. (MOL, President: Koichi Muto) , a Member of the G6 Alliance has announced plans to expand their cooperation to the Asia-North America West Coast and Trans-Atlantic trade lanes.
The G6 Alliance said the expanded cooperation will provide customers with more service